What is the difference between a SRN and CHESS for Australian Shares?

Prior to using this method you will need to create a standing instruction through Client Portal which authorizes IBKR and your bank to electronically transfer funds between the two accounts.

You will be asked to verify your bank in one of two ways:…

SRN stands for Securityholder Reference Number. An SRN is used to identify the owner of the shares that are held by a share registry (i.e. Issuer Sponsored Shares).

Shareholders can find out how their shares are held from the reference number on the top right corner of their latest holding or dividend statement. If the reference number begins with an "I" or "C"  and is followed by nine to eleven numbers, this is a Shareholder Reference Number (SRN) which means the shares are Issuer Sponsored. There are unique SRN numbers for each Issuer Sponsored holding…

Shareholders of Issuer Sponsored shares receive an Issuer Sponsored Holding Statement from the registry.

The SRN statement should ideally show you the below details:…

Transfers of delisted securities is possible through Australian Issuer Sponsored Shares Transfer (SRN); however, transfers are subject for a review and not guaranteed.

In order to request an outbound Australian Issuer Sponsored Shares Transfer of delisted securities …